Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.

[/quote]

Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?[/quote]

Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.

Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.

[/quote]

Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?[/quote]

Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.

[/quote]

Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?

And the fact that certain options will expire definitely skews the statistics.

“Doing the research” involves more than just looking at insider trade numbers.

Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.

[/quote]

Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?[/quote]

Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.

[/quote]

Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?

And the fact that certain options will expire definitely skews the statistics.

“Doing the research” involves more than just looking at insider trade numbers.[/quote]

I’m not going to do your research for you.

How do you know all 4th quarter sales ARE for tax reasons?

Believe whatever you want. I don’t really care.

The only person on this board who has laid out a bullish case is
Moriah. I disagree with him, but at least he has a point of view
beyond “show me more links”.

Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.

[/quote]

Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?[/quote]

Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.

[/quote]

Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?

And the fact that certain options will expire definitely skews the statistics.

“Doing the research” involves more than just looking at insider trade numbers.[/quote]

I’m not going to do your research for you.

How do you know all 4th quarter sales ARE for tax reasons?

Believe whatever you want. I don’t really care.

The only person on this board who has laid out a bullish case is
Moriah. I disagree with him, but at least he has a point of view
beyond “show me more links”.

[/quote]

PS – Shania, my apologies for referring to you as Moriah. You’re two very different pop stars and no offense was intended.

Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.

[/quote]

Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?[/quote]

Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.

[/quote]

Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?

And the fact that certain options will expire definitely skews the statistics.

“Doing the research” involves more than just looking at insider trade numbers.[/quote]

I’m not going to do your research for you.

How do you know all 4th quarter sales ARE for tax reasons?

Believe whatever you want. I don’t really care.

The only person on this board who has laid out a bullish case is
Moriah. I disagree with him, but at least he has a point of view
beyond “show me more links”.

[/quote]

Who is Moriah? Is that a combination of me and Shania?

I don’t know they are for tax reasons. But just because an insider sells, doesn’t automatically mean the stock is going to fall. If they are taking profits, maybe it is because they didn’t want to get the shaft in case something went bad like last time.

It’s ok to take money off of the table.

I think you are reading a little too much into one thing. A little backwards reasoning is more telling about insider selling than just looking at bare bones numbers.

Most CEOs and directors have some formal strategic training. Selling now, whether or not for tax reasons makes good strategic sense. Taking profits off of the table to diversify their holdings might make sense for them. Or to take advantage of other opportunities outside of the equity markets. Real estate in Las Vegas, I hear, is very cheap right now.

Already covered my USD long trade. Made a nice return on that one. Holding lots of cash, puts, bonds and a few utilities (I’m with Gross on that one). Also close to pulling the trigger on another currency play.

I will agree that it’s tough earning next to nothing on cash right now, but I’d rather play it safe than put money to work in a market rally that I no longer believe in. I also think there will be opportunity to buy at much more attractive prices and I’m willing to be patient.

yield who*res dont understand how a 20 year get crushed if rates go up.

but that wont be for a while. the day ben changes wording of fed statement is day u can trim. And thats not coming for a while cause inflation is toast.

i bet u get a nasty, nasty day and morning follow through. buy that opening [/quote]

No disagreement that there are very few places to go for yield.

I’m with you that bonds are tricky right now. Definitely overbought. Especially high yield.

No argument that a lot of people missed out on the rally and have been trying to play catch-up.

I was pretty much all in equities December '08 and cashed out in early November '09 (slowly took profits throughout the fall). I got in early and may have gotten out a little too early. Point is I made profits and that’s all I care about at the end of the day.

I don’t like what I see right now and would prefer to sit this one out. Would rather miss out on upside than participate in downside.